Exchange Funding Snapshot

SKY Funding Rate on Binance

Live SKY funding rate, annualized APR, model-adjusted apr, and Mirage context for Binance.

SKY funding on Binance is positive, but model-adjusted APR remains lower than the advertised annualized APR.

Funding rate
0.0050%
Current periodic funding signal.
Advertised APR
547.5%
Annualized from current funding conditions.
Model-Adjusted APR
273.8%
Model-derived annualized estimate based on current funding conditions.
Mirage
50.0%
Aging snapshot
Annualized from current funding conditions. Actual realized returns may be materially lower, and Mirage shows how much headline yield may fail to survive execution reality.
Current snapshot is aging. Treat these values as reference context, not a live execution signal.
Interpretation

Mirage is material, so model-adjusted APR remains notably below the advertised annualized funding signal.

Headline annualized funding can look strong while model-adjusted apr remains much lower. Mirage measures how much of that signal may fail to survive execution conditions.

Metric breakdown

Validation status for this public metric. Supported means stronger observed coverage. Calibration and exploratory indicate thinner empirical depth.

Funding interval
8h
Validation status
supported
Validation status for this public metric.
Survivability
Insufficient validated coverage
Not shown publicly until validation coverage improves.
Half-life
Insufficient validated coverage
Not shown publicly until validation coverage improves.
Why yield degrades
Fees and basis drag compress the raw funding headline.
Yield decays as crowded trades absorb the signal.
Execution friction can keep attractive APR from being deployable.
Mirage shows the share of headline yield that fails to survive reality.
Freshness & disclaimer
Last updated Jun 13, 2026, 6:25 AM UTC.
Model-Adjusted APR is a model-derived annualized public estimate. It is useful for current context, not a guaranteed execution outcome.
supported
Exchange Comparison

Compare SKY funding rates across other exchanges:

Frequently Asked Questions

SKY Funding on Binance FAQ

What is the current SKY funding rate on Binance?

The current SKY perpetual funding rate on Binance is 0.0050% per 8-hour interval, which annualizes to 547.5% APR under current market conditions.

When is the next SKY funding payment on Binance?

Binance settles SKY perpetual funding every 8 hours. Payments occur at fixed UTC times, typically 00:00, 08:00, and 16:00 UTC for 8-hour intervals.

What is the model-adjusted SKY funding APR on Binance?

After applying model adjustments for execution costs, decay, and crowding, the SKY model-adjusted APR on Binance is approximately 273.8%. The Mirage component (50.0%) represents yield that may not survive real trading conditions.

How does SKY funding on Binance compare to other exchanges?

Current SKY funding comparison: OKX: 1095.0% advertised, 577.7% adjusted; Bybit: -459.5% advertised, -459.5% adjusted. Binance offers 547.5% advertised and 273.8% model-adjusted APR.

How reliable is the SKY funding data on Binance?

The SKY funding metrics on Binance have strong empirical coverage. Supported status indicates stronger observed data, while calibration and exploratory indicate thinner empirical validation.

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